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Brokers’ take: UOB emerges as RHB’s top pick among ‘overweight’ bank stocks

RHB maintained "overweight" on the trio of Singapore banks as it expects them to benefit from the imminent interest rate upcycle, with DBS looking to gain the most advantage out of the situation.

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Open banking is offering huge promises

A REVOLUTION is underway in financial services. All those petty irritations from your bank, insurance company or fund manager will soon be a thing of the past. No more queues, no more pointless forms, no more terms and conditions that are impossible to understand. Or at least that's...

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Chia Seok Hoon rejoins Citi Singapore to head global subsidiaries

VETERAN corporate banker Chia Seok Hoon has rejoined Citi Singapore to lead its global subsidiaries group, the latest in a series of the bank's recent appointments which saw Singaporeans named to its top executive roles.

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Chia Seok Hoon rejoins Citi as Singapore global subsidiaries group head

VETERAN corporate banker Chia Seok Hoon has rejoined Citi Singapore to lead its global subsidiaries group, the latest in a series of the bank's recent appointments which saw Singaporeans named to its top executive roles.

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Richard Teng now Binance’s Mena head after short-lived stint as Singapore CEO

BINANCE'S former Singapore chief executive officer (CEO) Richard Teng is now regional head of the Middle East and North Africa (Mena) for the global crypto bourse.

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Investment banking fees in Singapore surge 34.4%

INVESTMENT banking activities in Singapore have raised US$1 billion in fees so far this year, a 34.4 per cent increase from 2020 as mergers and acquisitions (M&A) activity hit a record high.

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Wirecard funds supposedly held in trust by Citadelle with OCBC confirmed to be just fraction of initial claims

AS Wirecard's insolvency administrator seeks to unravel the mischief done at the payments group, details about the extent of the fraud are coming to light - including the roles of Singapore-based players.

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Investment banking fees in Singapore surge 34.4% to hit US$1b in 2021 to date

INVESTMENT banking activities in Singapore have risen US$1 billion in fees so far this year, a 34.4 per cent increase from 2020 as mergers and acquisitions (M&A) activity hit a record high.

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One click to debt: ‘buy now, pay later’ is fintech’s flavour of the year

FORGET saving up to afford what your heart desires. A multitude of players now offer "buy now, pay later" (BNPL) options, from publicly-listed Grab to online travel agent Traveloka to specialised players Atome and Pace.

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UOB beefs up HNW team with new hire for South-east Asia

UOB is bolstering its newly established private bank arm through its hire of Khoo Lin Wein as managing director and regional market head for South-east Asia.

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